Wykorzystanie sprawozdania finansowego na potrzeby postępowania upadłościowego
Use of the financial statements for insolvency proceedings

Summary/Abstract: Purpose — purpose of this article is to present the role and function of accounting information in the bankruptcy proceedings, including the financial statements as the final product of accounting, providing information to stakeholders bankruptcy proceedings. Design/Methodology/Approach - analysis of the Accounting Act and the Law on bankruptcy and repair, as well as literature on the role and importance of the information function of accounting and financial reporting in the bankruptcy proceedings. Findings - the data from the financial statements are an important source of information for the smooth running of the bankrupt companies. Originality/Value — thanks to the accounting function information generated, processed, and presented the information in the financial statements, which are used by the participants in the bankruptcy proceedings. The article presents information that generates the financial statements is the balance sheet, profit and loss account, notes, statement of changes in equity, cash flow statement valid from the point of view of the proceedings in bankruptcy.

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